Recognizing its significant contributions to increasing U.S. exports, Medtronic, Inc., (NYSE: MDT) received President Barack Obama’s “E” Award on Thursday, Nov. 5. The ceremony, held in the U.S. Department of Commerce, was part of the District Export Council Conference in Washington D.C. The award recognized Medtronic and other individuals and companies for their efforts in promoting and increasing U.S. exports.

“We are pleased to receive this recognition. As one of America’s success stories and a global leader in the medical device industry, our ability to enhance U.S. exports is significant,” said Bill Hawkins, Medtronic chairman and CEO. “The President’s recognition of the role Medtronic and our industry continues to play will further drive our efforts to improve healthcare for people around the world.”

Created by President John F. Kennedy in 1961, the “E” and “E Star” Awards are presented each year to clients or partners of their local Commercial Service offices. Entrants are nominated by the local Department of Commerce offices with whom they work. The awards are the highest recognition any U.S. company or organization may receive for supporting U.S. exports